https://www.taxtmi.com/caselaws?id=369210 The Tribunal partially allowed the Revenue's appeal for statistical purposes, emphasizing the necessity of thoroughly examining the Trust's activities in line with the Income Tax Act provisions before denying exemptions under section 11. The Assessing Officer was deemed to have exceeded jurisdiction by rejecting the registration and treating the Trust as an Association of Persons for taxation purposes. The Tribunal remitted the issue back to the Assessing Officer for further assessment in compliance with the Act, highlighting the importance of aligning Trust activities with the object clause. en-us Mon, 15 Oct 2018 00:00:00 +0530 Tue, 23 Oct 2018 06:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=369210 The Tribunal partially allowed the Revenue's appeal for statistical purposes, emphasizing the necessity of thoroughly examining the Trust's activities in line with the Income Tax Act provisions before denying exemptions under section 11. The Assessing Officer was deemed to have exceeded jurisdiction by rejecting the registration and treating the Trust as an Association of Persons for taxation purposes. The Tribunal remitted the issue back to the Assessing Officer for further assessment in compliance with the Act, highlighting the importance of aligning Trust activities with the object clause. Case-Laws Income Tax Mon, 15 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=369210